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Kinetik Holdings reports Q3 EPS $1.04, consensus 62c
The Fly

Kinetik Holdings reports Q3 EPS $1.04, consensus 62c

Reports Q3 revenue $325.18M, consensus $272.07M. "Our Q3 results are a testament to successful execution across all aspects of our business," said Jamie Welch, Kinetik’s CEO and President. "We have continued to identify strategic opportunities while optimizing our super system and realizing efficiencies. We delivered another strong quarter of Adjusted EBITDA and are tracking well to meet our 2022 EBITDA and Capital Expenditures Guidance provided in August. We also achieved our full year synergy goal within the first nine months, and therefore, have increased our 2022 full year target to over $30M."

Published first on TheFly

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